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Passive Income

26 January 2008

Affiliate Marketing & How To Blog For Profit

I have been doing some research and I am astonished at just how many information products there are that claim to teach people to be experts in affiliate marketing and/or how to blog for profit.

In a bid to find the best products for you I have been splashing my cash so you can look forward to reviews of:

Super Affiliate Handbook by Rosalind Gardner

I bought this at the end of November but have not yet read it. Initial overview impressions are that it looks very comprehensive - 233 well presented, information packed pages.

Blogging To The Bank by Rob Benwell

Just purchased. The main report is only 61 pages so you could regard that as skimpy compared to the Super Affiliate Handbook or it could be focused. There are though plenty of bonuses including extra reports, slides from Rob's presentation at a Yanik Silver event (Yanik Silver is a big name Internet copywriter) and various extra unannounced bonuses. Read my review of Blogging to the Bank.

Sneaky Affiliate Cheat - Undercover Affiliate X (aka Chris)

Again just purchased and this has a different slant on the process. I am not keen on the "cheat" idea as that implies an element of dishonesty but I was intrigued enough to find out what it is all about. Sneaky I am OK with. My dog is sneaky, she knows what she wants and she goes out to get it with purposeful action.

Are these scams, rip-offs and cons?

I don't know yet and it partly depends on where you are starting from.

If you are looking to supplement your income then selling affiliate products can be a useful source and some of the biggest names in business development are not shy about promoting the next big thing.

I have really taken to blogging but don't let anyone convince you that it is easy or effortless.

I see many affiliate pages where it is clear that they just take the sales letters as written and the affiliates have no idea whether the products are any good. That's no way to run a business and you certainly wouldn't do that if you had a shop and had to face angry customers.

Generating traffic is also a challenge.

I am pretty good at search engine optimisation for my main key words but I heard something in a seminar yesterday that amazed me. Over 50% of searches in search engines are one-offs so you can't optimise your website or blog for these because you have no idea what will be typed in.

If you have tried any of these three products it would be great if you could leave a comment. Otherwise look out for my reviews.

My book reviews show that I am not prepared to mince words if I find something that is not up to standard. All three of these products had convincing sales letters with plenty of testimonials.

To Your Success

Your Profit Coach

Paul Simister

Business coaching for customer focused entrepreneurs

04 January 2008

Make More Money From Your Blog

One of the key tips Yaro Starak covers in his free report Blog Profits Blueprint is how to include advertising in your blog to help earn more money from it.

We all have our own views about what advertising we are prepared to use and what we are not.

I hate pop-ups and I am not keen on the flickering/revolving graphics because I believe that they distract the reader from the blog's main purpose and that is delivering valuable content for the readers.

But Stephen Pierce recommended WidgetBucks on his DT Alpha blog to me and I believe that it is worth you taking a look if one of your main purposes in blogging is to make money.

WidgetBucks features pay-per-click shopping widgets that help their customers make money fast. They instantly display the most popular products based on buying trends of 100 million shoppers.

It is free to sign up and you get a $25 signing on bonus.

You also get 10% commission on the first 12 months for all new affiliates that you refer as another incentive for signing up. It all helps when you are blogging for profit.

So if you want to earn passive income from your blog, and I am sure that you do, pop over to WidgetBucks and sign up.

If you have a blog you may also be interested in the passive income opportunities offered by FreeIQ. It is part of the Brad Fallon/Stompernet family of companies - see FreeIQ: You Tube For Your Business for more details.

Like many of these things it's best to get in early before many people have the cookies installed.

To Your Success

Your Profit Coach

Paul Simister

Business coaching for customer focused entrepreneurs

06 December 2007

Save Money, Earn Passive Income

This morning I was told about an interesting opportunity for saving money and making money called My Power Mall.

I have had a quick look and My Power Mall brings together retailers willing to offer incentives and consumers who want a good deal.

If you join and buy then you get some money back.

If you introduce other people into the My Power Mall network then you get some commission on their purchases and that goes on for nine tiers in total. That could be a lot of people at the end of the chain.

I take quite a simplistic, but perhaps cynical view of these opportunities by asking what's in it for each of the stakeholders.

  1. Consumers - The consumer has to save money.

    If the deal isn't good for the consumer then the whole system fails so I can't see any reason for premium prices to be disguised as savings. The My Power Mall website recommends that people do their comparison shopping outside their system and then come in to buy so that sounds good.
     
  2. Retailers - The retailers have to make money from the additional sales

    At the moment the number of retailers are quite small so people are being channelled to buy from someone who they may not otherwise have bought from.

    As My Power Mall grows in registered members (and at the time of writing it's around the 90,000 level), new retailers will be attracted in and this will apply as memberships increase in each country.

    You can imagine the marketing -"How would you like to reach xxxxx consumers who are incentivised to buy from you and recommend that other people also buy through the same channel?" That's quite compelling.
     
  3. My Power Mall - I assume that they take a cut on every transaction although the transactions are done on the retailer's own websites so the money doesn't go through a third party.

    It's therefore in their best interests to make this venture a success by recruit new buyers and new retailers.

    As it is free to join and doesn't have onerous conditions, they are certainly not putting barriers in the way.
       
  4. Referrers - We are in it for more passive income

    While any income is nice, most of us probably don't want to be out there "selling" to our friends and family and hoping to rely on their goodwill.

    That certainly doesn't seem to be a problem with My Power Mall. This isn't about people buying things that they wouldn't have bought before. All I'm planning to do is say "Take a look at My Power Mall - I think it's an interesting idea."

    Earning a commission from nine levels means that there is a big opportunity to build a stream of passive income.

    Can you imagine how far nine levels could reach?

    The incentive is to be in the system early because the savings on your personal spending are nice to have but the passive income is where the real opportunity lies.

Conclusion

This is still very early days which in some ways means that if you get in, you have the best chance of building a long string of connections, all of whose purchases earn you a small piece of passive income.

I am naturally suspicious of any "get rich quick" scheme but this seems to be an innovative, incentivised solution to shopping.

I decided that the only way I would really know about My Power Mall was to try it so I joined.

It is free so why don't you take a look at My Power Mall.

Update

One downside I have found is that My Power Mall do send out two or three emails most day. I've now set up a message rule and send them off to a special folder than I can ignore.

I have found another pasive income opportunity if you blog or if you are involved with Internet marketing.

This is FreeIQ and was described to me as YouTube For Your Business. It has quite a pedigree because it comes from the Brad Fallon/StomperNet family of businesses. I expect it to go a long way and could be a great chance for you to earn passive income.

To Your Success

Your Profit Coach

Paul Simister

Business coaching for customer focused entrepreneurs

16 November 2007

Jay Abraham Passive Income Call - Last Chance

Overnight I received this email from Jay Abraham:

I know how to do something wildly profitable that you don't.

I know over 100, powerful ways anybody can create passive income streams - almost at will.

I'm talking about having the ability to amass mounds and mounds of revenue sources that keep continually flowing to you and your bank account when you're not there.

Do something once - but get paid handsome income from it forever.

Most people only earn income if they actively work.  This goes for business owners, employed people or professionals, alike.

But I've earned nearly 70% of the staggering sums I've made for myself and partners - passively.  We'd do something once - then sit back and collect profit shares, transaction fees, royalties, usage payments, license income - you name it.

Little deals earned us thousands a month.  Medium deals pumped out tens, even hundreds of thousands.

Home run deals exploded profits like Mount Vesuvius erupting.  As much as six million between me and my partners, by the way.  Think it's a fluke and only a rarified few can ever hope to tap into the mother lode of constant paydays that passive income provides?

Well, think again.

I've just completed a daring test experiment where I taught a few thousand, randomly selected people from my list how to master passive income generation.

I even chose a few hundred and personally mentored them - "no charge" - for a full month to assure they'd each prosper - if they acted on what I shared.

Well, the verdict is in!  My Master of Passive Income instruction methods are producing utterly unimaginable success stories among men and women the entire world over.

Young or old, educated or not, wealthy or pauper, U.S. or Estonia - it doesn't seem to matter if you take what I've created seriously, master the ten prosperity pathways to mastering passive income that I teach - and commit "full out" to capitalize on capitalism, where passive income prosperity points lie untapped.

Last month, I shared a no-nonsense, fast-paced, example-filled, 90-minute rebroadcast recording of a keynote address I did recently that introduced my Master of Passive Income concepts to 2,000 highly motivated people who each paid $2,000 to hear what I had to say.

I laid the concept out completely, including a careful explanation of the psychology that makes it all work so lavishly.

I presented nearly 25, actual success stories from my files and experiences.

I identified all ten ways any man or woman anywhere - including YOU, could mine huge rivers of passive revenue from one business after another.

I explained a safe way to do it using none of your own capital.  I offered a rock-solid way to get started evenings or weekends until your income streams and financial security builds up.

I even told how I get all kinds of other people to do all the work for me and my partners while we get to keep all (or certainly most) of the profits.

I answered no less than 15 key questions you undoubtedly would have posed had you been in that audience.

People there told me I gave them the keys to the prosperity kingdom and the fast-track path to passive income prosperity they always hoped to discuss.

I've let a small group of subscribers on my list re-listen to that presentation.

It rocked their boats, transformed their entire income-generating focus - and provided most with expanded hope and belief that they really can make their financial future richer.

I'd like to offer a few more people on my list the chance to experience this liberating information, too.

I'm scheduling three, last and final rebroadcasts of my 90 minute keynote presentation from Harv Eker's "Never Work Again" conference.

It's unlike anything you've ever seen or listened to before.

It will mean a lot to me to share this presentation with as many of you as possible.

I think it will mean the world to any of you who get to listen.

We have three rebroadcasts scheduled.  Just 1,000 people can get on each one.  There are 140,000 reading this.

Please don't register if you aren't serious about altering your financial fate and destiny.

If you're simply curious - kindly pass this enriching experience onto someone who will treasure and use it.

Respectfully,

Jay Abraham

To register, rush to
Master Of Passive Income

Now Jay is limiting these calls and he obviously doesn't want "no-shows" so please don't register unless you are seriously interested about becoming a Master of Passive Income.

Again, just click
here to lean more about the call and his monitoring program.

To Your Success
Your Profit Coach,

Paul Simister

Business coaching for customer focused entrepreneurs

Update - 3 December 2007

Unfortunately Jay has closed his Master of Passive Income recruitment for his mentoring program but hopefully it will return.

Jay's approach to passive income was different from many other people's as Jay has made his reputation from putting together deals and taking a share of the profits from being in what he calls the "toll booth" position.

While this focus on passive income is new, many of the techniques Jay uses have been in his repertoire for many years and are therefore covered in his earlier material.

Don't miss this great Jay Abraham video.

Related postings: Jay Abraham, Passive Income

11 November 2007

Jay Abraham & Passive Income

Has anyone been on the Jay Abraham re-broadcast of his Master Of Passive Income presentation?

I was on holiday for the October broadcast and missed the broadcast last week because I was bad. The times are also inconvenient for people based in the UK as Jay is based in California. I had wondered about last night's call but it started at about 1:00 am.

I have downloaded his sales letter for the Master of Passive Income mentoring program and that looks extremely interesting and very tempting.

I'd love to hear what you thought of the call and hear a summary or even some of Jay's stories.

I'd also like to hear from anyone who has already signed up for the mentoring program and I'm sure that other readers of the blog would too.

If you would like to register for future calls click on Jay Abraham Broadcast Master Of Passive Income.

To Your Success

Your Profit Coach

Paul Simister

Business coaching for customer focused entrepreneurs

Update - 3 December 2007

Unfortunately Jay has closed his Master of Passive Income recruitment for his mentoring program but hopefully it will return.

Jay's approach to passive income was different from many other people's as Jay has made his reputation from putting together deals and taking a share of the profits from being in what he calls the "toll booth" position.

While this focus on passive income is new, many of the techniques Jay uses have been in his repertoire for many years and are therefore covered in his earlier material.

Don't miss this great Jay Abraham video.

17 October 2007

Jay Abraham Master Of Passive Income

incomeWould you like to hear what Jay Abraham has to say about building passive income in a two hour re-broadcast of what he shared at Harv Eker's "Never Work Again" conference (for which he was paid over $500,000)? 

Most people have always wanted to build up a stream of passive income but only a few succeed.

Who wouldn't like the idea of working once to generate a stream of ongoing revenue.

But it's not easy to do.

You need to know the secrets.

You need a guide who's done it many times before and built a large fortune on the back of that knowledge.

That man is Jay Abraham - The Master Of Passive Income!

Now you may have heard that Jay Abraham is the most expensive marketing consultant in the world.

You may also have heard that he charges €5,000 per hour (or up to €25,000 to attend one of his courses) so you probably think it's going to cost you a small fortune to hear what he has to say?

Let me make you an irresistible offer.

What if you could hear two hours of solid advice from this world renowned master marketing guru on how to build passive income for FREE.

Not one pound, dollar or euro!

Well you can - just take a look. - Sorry this is now closed.

The calls are scheduled to be re-broadcast three times - 19, 20th and 21st of November 2007.

This is your chance to hear Jay Abraham talk about how you too can become a master of passive income.

It could change your life and that has to be worth two hours of your time doesn't it?

Let me know if you have been on the call. What did you think?

Do you want to take up the challenge and be mentored by Jay Abraham to become a master of passive income?

If you book on to a call, please come back to my blog and post a review.

Thanks

To Your Success
Your Profit Coach

Paul Simister

Update - 3 December 2007

Unfortunately Jay has closed his Master of Passive Income recruitment for his mentoring program but hopefully it will return.

Jay's approach to passive income was different from many other people's as Jay has made his reputation from putting together deals and taking a share of the profits from being in what he calls the "toll booth" position.

While this focus on passive income is new, many of the techniques Jay uses have been in his repertoire for many years and are therefore covered in his earlier material.

I recommend that you take a look at my review of Jay Abraham's Mr X book. This is a premium product but the content is excellent.

To Your Success

Your Profit Coach

Paul Simister

Business coaching for customer focused entrepreneurs

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Your Profit Coach Services

  • I help customer focused entrepreneurs find hidden profits in their business.
  • I believe a commitment to excellence creates a wonderful, virtuous circle of customers who buy more of your products, more often and recommend your services to their family, friends, colleagues and associates. But many businesses don't know how to turn this excellence into profits while doing their customers even greater service.
  • I am a chartered accountant, MBA and a certified Guerrilla Marketing Coach and have been an independent consultant/coach since 1995. Clients have ranged from large publicly quoted groups to one man businesses.
  • Call me on 0121 554 4057 (services only provided to clients in the UK at the moment).

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